TheStrategyLab.com Price Action Trading Support Forum

WRB + Wyckoff = EDGE

EURUSD Accumulation...

I have mark WRBZONE after accumulation where I will look for long position. My main target will be PT area.

24.03.2015
Distribution
Looks like EURUSD trend has turned downward again. I am waiting for up wave for final confirmation...

EURUSD last 2 weeks chart review...

Hi,

Thanks for the DOKs but they are confusing to me. For example, you didn't say which specific price action definition you used from tutorial chapter 2 to determine which "first WRB Hidden GAP" interval qualified as a WRB Zone on your chart.

Chart @ download/file.php?id=3994

Chart @ download/file.php?id=3952

Was it swing point #1, swing point #2, strong continuation #1 or strong continuation #2 for each WRB Zone you show on your two charts.

Also, I don't understand the KME relationship with the WRB Zone because the "first WRB Hidden GAP" interval is suppose to occur at/after the KME. In contrast, your KME occurs after the WRB Zones.

Regards,
M.A. Perry

In my trading I merge some WRB concepts with pure Wyckoff analysis. I use Accumulation or Distribution phases as a "turning points". Correction waves works as "continuation points". I do not follow KME but I am aware of them. Instead I use volatility in "waves moves" as a base of market analysis.

Sorry for any misunderstanding in my previous posts.

Regards
Scyther

Hi,

Thanks for the explanation and it will help other readers to understand that you're charts involve the merger of WRB Analysis with another price action analysis involving accumulation/distribution phases.

Simply, include that in your title because I got a few private messages by readers being confused because they couldn't find anything in the WRB Analysis free study guide that related to some of the information on your charts.

By the way, this is something a lot more Forex traders are doing in comparison to stock traders or futures traders using WRB Analysis...Forex traders tend to merge WRB Analysis with another price action analysis whereas stock/futures traders tend to concentrate on using WRB Analysis with a very simple trade signal (e.g. flag pattern breakout).

Regards,
M.A. Perry